Monero (XMR) Speculation thread

[GreekBitcoin]

Coinmarketcap removed Monero?

Do a ctrl+f, it's there. #59 wtf

Why are you so sad? Something wrong?

Monero's rating is getting lower very fast and they can do nothing to save it from falling down. I think the only thing they can do is blame mystic "BCN shills".

monerochain.org is showing wrong stats cause its updating the blockchain.

What website shows real stats? And btw your monerochain.org is not availible

ughh its monerochain.info . Sorry for that...

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[wachtwoord]

i had only 0.036 btc. now is less then 16$.
i can afford to lose that money XD

Posted From bitcointalk.org Android App

Renew your Bitcoin balance. You can thank me in ten years

Want to make some charity? Here? At the XMR speculation thread?

It's fine to diversify into Monero. Bitcoin is still the real thing though.

[MaleVoiceJohn]

Its already from #59 to number #43 and it will continue to rise since monerochain will update more recent blocks. It will be back to where it was when monerochain.org syncs...

Let's just sit and wait, ok? You can forecast any place in top, but only time will show were you right or wrong. And if there will be no changes or no growing, i will be able to say that you are scam.

[drawingthesun]

Its already from #59 to number #43 and it will continue to rise since monerochain will update more recent blocks. It will be back to where it was when monerochain.org syncs...

Let's just sit and wait, ok? You can forecast any place in top, but only time will show were you right or wrong. And if there will be no changes or no growing, i will be able to say that you are scam.

You're a new level of stupid.

They are not guessing the marketcap of Monero, that is already known, they are wondering how long until Monerochain.info is fully updated and that data is fed into coinmarketcap.

The reason why Monero is number ## is because Monerochain.info that supplies the data that coinmarketcap uses reset its blockchain.

You completely and utterly missed the conversation and jumped to the assumption they were taking guesses at where the Monero market cap will end up in the future.

[GreekBitcoin]

Its already from #59 to number #43 and it will continue to rise since monerochain will update more recent blocks. It will be back to where it was when monerochain.org syncs...

Let's just sit and wait, ok? You can forecast any place in top, but only time will show were you right or wrong. And if there will be no changes or no growing, i will be able to say that you are scam.

Sure. May i leave you a scammer rating if it hits #13 when monerochain.info syncs?

[Ultros]

Please don't feed the trolls.

[TeeBone]

It's fine to diversify into Monero. Bitcoin is still the real thing though.

Bitcoin is a Statist's wet dream...traceable and tracking every last transaction. Like tatooing your entire financial history on your forehead for the world to see.

Monero is the real thing. Monero represents liberty, bitcoin is enslavement.

 

[Okurkabinladin]

Coinmarketcap removed Monero?

Do a ctrl+f, it's there. #59 wtf

Why are you so sad? Something wrong?

Monero's rating is getting lower very fast and they can do nothing to save it from falling down. I think the only thing they can do is blame mystic "BCN shills".

But since you want to play this way watch it fly from #59 to #14 in a day

In a day? What? Coinmarketcap is telling that XMR is not even at 40s and it lost some percents (-5.83 %)

Are you retarded? There are 2 800 000 XMR already in private hands. Coinmarketcap is only able to register half million. That´s why Monero is currently ranked 40-something and not number 13. Less, than 20% of its coins are counted in.

[wachtwoord]

It's fine to diversify into Monero. Bitcoin is still the real thing though.

Bitcoin is a Statist's wet dream...traceable and tracking every last transaction. Like tatooing your entire financial history on your forehead for the world to see.

Monero is the real thing. Monero represents liberty, bitcoin is enslavement.

 

The zerocash functionality can be implemented in Bitcoin at any time after it's proven it's value. Zerocash is better than Monero at any rate.

[blaaaaacksuit]

It's fine to diversify into Monero. Bitcoin is still the real thing though.

Bitcoin is a Statist's wet dream...traceable and tracking every last transaction. Like tatooing your entire financial history on your forehead for the world to see.

Monero is the real thing. Monero represents liberty, bitcoin is enslavement.

 

The zerocash functionality can be implemented in Bitcoin at any time after it's proven it's value. Zerocash is better than Monero at any rate.

Ah, but it won't be done for many political reasons.

[Brilliantrocket]

It's fine to diversify into Monero. Bitcoin is still the real thing though.

Bitcoin is a Statist's wet dream...traceable and tracking every last transaction. Like tatooing your entire financial history on your forehead for the world to see.

Monero is the real thing. Monero represents liberty, bitcoin is enslavement.

 

The zerocash functionality can be implemented in Bitcoin at any time after it's proven it's value. Zerocash is better than Monero at any rate.

Ah, but it won't be done for many political reasons.

Not only that but it isn't trustless.

[wachtwoord]

It's fine to diversify into Monero. Bitcoin is still the real thing though.

Bitcoin is a Statist's wet dream...traceable and tracking every last transaction. Like tatooing your entire financial history on your forehead for the world to see.

Monero is the real thing. Monero represents liberty, bitcoin is enslavement.

 

The zerocash functionality can be implemented in Bitcoin at any time after it's proven it's value. Zerocash is better than Monero at any rate.

Ah, but it won't be done for many political reasons.

Then a parallel Bitcoin2 will be created which is a spinoff of the original chain starting out with the distribution as the Bitcoin blockchain is today.

[nioc]

^^Why when we have Monero?

I haven't checked it closely but Brilliantrocket says zerocash isn't trustless and if so then again, why?

[Brilliantrocket]

^^Why when we have Monero?

I haven't checked it closely but Brilliantrocket says zerocash isn't trustless and if so then again, why?

Whoever sets it up must create a key. If they do not destroy this key, they can create unlimited coins, and no one else would know.

[wachtwoord]

^^Why when we have Monero?

I haven't checked it closely but Brilliantrocket says zerocash isn't trustless and if so then again, why?

Whoever sets it up must create a key. If they do not destroy this key, they can create unlimited coins, and no one else would know.

True this needs to be solved.

Still, Monero is just a crude hack compared to zerocash.

[Brilliantrocket]

True this needs to be solved.

Still, Monero is just a crude hack compared to zerocash.

You are assuming that it can be solved. I am skeptical.

[wachtwoord]

True this needs to be solved.

Still, Monero is just a crude hack compared to zerocash.

You are assuming that it can be solved. I am skeptical.

Have you read the rest of the Zerocash paper and process? The crypto is seriously cutting edge. I'm educated quite highly in related areas and I can only understand at a higher abstraction level what they are doing. Zero-knowledge proof is very impressive. I'm sure they'll be able to leverage something similar to solve this issue.

[grendel25]

It seems like XMR is like the Euro of cryptocurrency but now other cryptonight algo coins are proving to be competitive.  If XMR can't start getting better PR then other cryptonight algo coins will step up and possibly even surpass.. but again it all depends on actual business integration which equals more positive PRs.  the scope of news that I see for XMR is pretty narrow compared to what I see happening for BTC and LTC.

[fluffypony]

Have you read the rest of the Zerocash paper and process? The crypto is seriously cutting edge. I'm educated quite highly in related areas and I can only understand at a higher abstraction level what they are doing. Zero-knowledge proof is very impressive. I'm sure they'll be able to leverage something similar to solve this issue.

This is the essence of the problem - it's TOO cutting edge. Even if you can get past the accumulator problem (which seems, at this stage, quite difficult if not improbable) you have an interesting issue: because the blockchain reveals absolutely nothing, a bug in the extremely new and untested cryptography could allow an attacker to create new coins out of the blue (which is not impossible, it already happened with Bitcoin and they had to rollback the chain pretty much). The difference is that with Zerocash you'd be completely unable to tell this had occurred because of the zero-knowledge blockchain.

To steal a phrase from that CryptoNote busting post the other day, Zerocash is a "one trick pony" (pun not intended) - it offers a single, terribly amazing, terribly dangerous, and terribly unproven feature. If, by some chance, Monero is the dominant private cryptocurrency by the time ZeroCash is ready, will that feature be compelling enough to make ordinary users switch? Or will they be just fine with the privacy Monero provides? Monero will have a hard enough time catching up to Bitcoin, and I honestly can't imagine Zerocash's single feature being sufficiently better than Monero's to provide tangible value to the general populace.

[Joshuar]

From what I've read, Zerocash will Only allow anonymous transactions, there will be no regular sending.

There is also trust involved in setting up Zerocash, you have to trust that the devs won't keep the key that will allow them to doublespend anytime they want, without anyone knowing.

Those two points make Zerocash a No-No for me. It makes no sense to use a coin that involves trust , that's why Satoshi made Bitcoin in the first place. Bitcoin may have it's 51% mining issue, but there are measures in place to stop such a threat if it happens, but Zerocash's trust issue is far scarier, the devs would be able to doublespend at any time whether they have 50% 1%, or 0% of hash power, and you will Never know that they have done so.